TotalBank CD Rates

Yes, TotalBank is a safe bank. TotalBank is a member of the Federal Deposit Insurance Corporation (FDIC), which means that your deposits are protected up to $250,000 per depositor for each qualifying account ownership category. This coverage includes checking, savings, money market, and CDs.

TotalBank's insurance coverage starts automatically as soon as you open an account with them. It's important to note that FDIC insurance covers traditional deposit accounts and does not insure investment products like stocks, bonds, mutual funds, annuities, or life insurance policies.

If you have amounts exceeding the standard insurance limit, there are strategies to maximize your FDIC coverage, such as opening accounts in different ownership categories or adding beneficiaries to your accounts. Rest assured, within the FDIC limits, your money is safe with TotalBank.

The minimum opening deposit for a TotalBank CD is $25,000, regardless of the term.

For the most up-to-date information, please visit TotalBank's website or contact their customer service.

You can check the best CD rates available to ensure your decision aligns with your financial goals.

TotalBank is an online-only bank, meaning it does not have a branch in New Jersey.

However, you can open an account with TotalBank online. For the most up-to-date information please contact its customer service by phone at (888) 682-2881.

You can check the best savings accounts available to ensure that whatever decision you make really fits your goals.